Investment Property Opportunities

There are multiple advantages to owning an investment property and it can be an excellent source of income. Purchasing a property to either rent out or resell can help boost your assets and can help you reach your financial goals. When it comes to investing in a property, there are a variety of options available to help an investor earn a profit. If you are interested in investing in real estate, Preferred Capital Funding can help. Read on to learn more about some of the many investment property opportunities that are available.

Investing in a Rental Property

An investment property is a real estate purchase that is intended to generate an income through rental revenue or appreciation, and is typically bought either by a single investor or a group of investors. Investment properties require a high level of financial stability because most lenders require a borrower to make a higher down payment amount and the home must be cleared by inspectors if tenants will occupy the dwelling. Therefore, there will be other additional costs such as inspections, closing costs, maintenance, etc. then making this investment. When you decide to buy a rental property, you will want to consider the housing market, property taxes, decide whether you have time to manage the property or if you will need to hire a property manager, and you will want to assess your financial stability and return on investment for the property you are considering.

Types of Investment Property Opportunities

There are many different options to choose from when deciding on what type of investment property to purchase. Some investment property options include:

• Single family homes – These are the most common types of investment properties and involve buying and renting out a home that is separate from neighboring properties to generate income and build equity over time.
• Multi-family properties – These types of investment properties generally include multiple rentable units, such as an apartment building, duplex, condominium, etc. Multi-unit dwellings can offer several avenues of incoming revenue.
• Vacation homes – These are properties intended for travelers to rent out on a short-term basis and can range from luxury homes to apartments located in destination areas. Owners can help list vacation properties on sites such as Airbnb, Vrbo, etc.
• Luxury homes – These types of investment properties come with state-of-the-art technology and premium design and amenities, and are intended for high-end renters. They can be very profitable for investors, but can come with an expensive price tag.

Get Help With Your Investment Property

Investing in a property is one great way to develop an additional source of income to boost your financial portfolio. If you are interested in purchasing an investment property Preferred Capital Funding is here to help. Contact us today for a consultation.